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Bitcoin ETFs see record $4.06B outflows in June amid price drop below $60K

Market News
29 Jun 2026
Blockonomi
View Source
Bearish
Bitcoin ETFs see record $4.06B outflows in June amid price drop below $60K

In June 2026, U.S. spot Bitcoin ETFs experienced a record $4.06 billion in net outflows, the highest monthly withdrawal to date, coinciding with Bitcoin's price falling below $60,000 and a 30% year-to-date decline. This marks Bitcoin's potential second consecutive quarterly loss, reflecting waning institutional interest amid a strong U.S. dollar and the Federal Reserve's tight monetary policy. Analyst Ted Pillows warns of a possible 60-65% further correction before Bitcoin finds a bottom, as investors await key U.S. employment data for clues on future rate moves.

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XRP longs surge 12 points as ETH longs decline, showing shifts in crypto futures positioning.

XRP longs surge 12 points as ETH longs decline, showing shifts in crypto futures positioning.

On October 11, XRP's coin-margin long positions increased significantly by 12 percentage points to 78.32%, while Ethereum's long positions declined in both coin-margin and USDT-margin markets. Bitcoin and Solana also saw notable increases in long pos...

Technical Signals
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Ripple CEO bullish on XRP, citing payment utility and growing institutional use.

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Protocol Fundamentals
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6 hours ago
Bitcoin price dips 7.59% early October but remains bullish; short-term caution advised amid market stress.

Bitcoin price dips 7.59% early October but remains bullish; short-term caution advised amid market stress.

Bitcoin's price fell 7.59% from $87,000 to $80,393 between October 5-8 but has since rebounded to $82,800. Despite a generally bullish longer-term trend, market indicators like elevated stress levels and net Bitcoin inflows to exchanges suggest cauti...

Technical Signals
Neutral
7 hours ago
Bitcoin could grow to a $30 trillion asset by following gold's market expansion, says Bitwise CIO.

Bitcoin could grow to a $30 trillion asset by following gold's market expansion, says Bitwise CIO.

Matt Hougan, CIO of Bitwise Asset Management, suggests Bitcoin could reach a $30 trillion market value by following a growth path similar to gold's expansion after its ETF launch. He highlights that institutional access via ETFs, which started in 202...

Market News
Bullish
7 hours ago
Bitcoin steady at 113.13M won as South Korea's crypto market sees strong gains and rising risk appetite

Bitcoin steady at 113.13M won as South Korea's crypto market sees strong gains and rising risk appetite

South Korea's crypto market showed renewed risk appetite with a 79% advancer ratio among major tokens. Bitcoin traded slightly higher at 113.13 million won, while Ethereum also rose. Starknet on Bithumb led gains with a 51.3% jump, supported by stron...

Market News
Bullish
7 hours ago
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